CB Industrial Product unit's Telok Panglima Garang plant gets clearance to reopen from MoH, but shuts again due to EMCO

TheEdge Tue, Jul 06, 2021 06:44pm - 2 years View Original


KUALA LUMPUR (July 6): CB Industrial Product Holding Bhd (CBIP) said today that its wholly-owned subsidiary PalmitEco Engineering Sdn Bhd (PESB) had resumed manufacturing operations at its Telok Panglima Garang plant after it received an approval letter from the Ministry of Health on July 2, but closed again after the Enhanced Movement Control Order (EMCO) was imposed the next day.

In a bourse filing, CBIP said PESB had temporarily stopped operations after the tighter restrictions were announced for July 3-16.

"The company will continue to implement and practise strict standard operating procedures recommended by the authorities to ensure the safety and health of all employees," it said.

On June 28, CBIP said PESB was implementing a second temporary stoppage of its manufacturing facility from June 21 to July 4 after 26 workers tested positive for Covid-19.

CBIP closed one sen or 0.82% higher at RM1.23 today, valuing the group at RM597.04 million.

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